⠀⠀⠀⠀⠀⠀⠀⠀⠀ A GDP growth 📶 of 2.9% might sound like a solid economic performance, but let’s take a deeper look 👀 at the numbers. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ GDP (Gross Domestic Product) is the sum of all goods 🍱 and services

The #February #2019 jobs 🕵🏼‍♂️ report stated that the #US added just 20,000 jobs, well short of the 180,000 estimate ⤵️. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Is this number just a blip 🔊 on the radar or could it be signaling

⠀⠀⠀⠀⠀⠀⠀⠀⠀ It is no coincidence that there have been 30 different examples of hyperinflation 💸 since 1920, after WWI. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Even though at this point most countries were on a #gold #standard , governments

⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Two pension plans in Fairfax County, #Virginia are #investing $40M 💰 in a crypto #asset #ventureCapital 🏞fund. ⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ This is the #first 🥇 pension plan to do so. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ There

Bitcoins 🥇 transaction 🔃 volume in December #2018 increased to levels not seen since the #December #2017 crypto #bubble 🎈 , over 350,000 transactions. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Despite this, transaction fees haven

The current Federal Funds Rate (rate at which Central Banks 🏦lend money to private banks) is 2.4%. ⠀⠀⠀ The average Federal Funds Rate 〰️over the last 60 years has been over 5%. ⠀⠀⠀⠀⠀⠀ In times of recession,

⠀⠀⠀⠀⠀⠀⠀ #Samsung, the #global leader of the #smartphone 📱 industry has been rumored to be incorporating a #crypto wallet in the release of the #GalaxyS10 on #february 20th . ⠀⠀⠀⠀⠀⠀⠀⠀⠀ If confirmed, this

⠀⠀⠀⠀⠀⠀⠀⠀ This information is not meant to be price speculation, but more to explain the #economics of Bitcoin. 🥇 ⠀⠀⠀⠀⠀⠀⠀⠀⠀ The cost to mine ⛏ a Bitcoin 🥇 in #China 🇨🇳 is currently about $3,150. ⠀⠀⠀⠀⠀⠀⠀⠀⠀

![new insta official 13.png] ⠀⠀⠀⠀⠀⠀⠀⠀⠀ The #inflation rate of Bitcoin 🥇is currently 3.82% , but in #May of #2020 the rate will only be 1.8%. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ We know this because unlike current #fiat monetary

If you could reward and be rewarded by others for creating good content on #socialmedia by giving them rewards as small as a fraction of a pennie, instead of a #like , would you? ⠀⠀⠀⠀⠀⠀⠀⠀⠀ In the currency

⠀⠀⠀⠀⠀⠀⠀ #Fakenews: Bitcoin mining electricity⚡️ consumption will drive more #climatechange . ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Bitcoin mining is a service by which anyone can run free software 💻on a computer that solves #algorithms

⠀⠀⠀⠀⠀⠀⠀⠀⠀ On top of the $22T 💰 in national debt, student 👨‍🎓 loan debt now exceeds $1.5T, which is a problem for #millenials and #generationz . ⠀⠀⠀⠀⠀⠀⠀⠀⠀ The $22T 💰 in debt has resulted in prosperity

Venezuelan 🇻🇪#socialist #president, Nicolas Maduro, requested $1.2B worth of Venezuelan #gold ⚜️be removed from Bank of England🇬🇧 and returned to Venezuela. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ The Bank of England 🏴󠁧󠁢󠁥󠁮󠁧󠁿

⠀⠀⠀⠀⠀⠀⠀⠀⠀ What does this mean and what path did we take to get here?🛤 ⠀⠀⠀⠀⠀⠀⠀⠀⠀ After the #financial #crisis of #2008, the #federalreserve loaned the #US government $4T💰. The Federal Reserve received

⠀⠀⠀⠀⠀⠀⠀⠀ IRAN GETS THE CRYPTO STAMP ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Iran lifts it’s ban on cryptocurrencies. This is good for #crypto adoption, but what can it mean for the #US ? 🤔 ⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀ Consider this...💭 ⠀

⠀⠀⠀⠀⠀⠀⠀⠀⠀ The United States budget deficit for 2019 is projected to hit $897B, an unfathomable amount of money. 💵 This means that the United States will add $897B to it’s already massive $22T of debt

INTRODUCTORY POST ⠀⠀⠀⠀⠀⠀⠀⠀⠀ FUN FACT: According to The World Bank, as of 2018 31% of adults in the world DO NOT have access to a simple bank account. 🤔 ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Welcome to The Cryptonomic Times, a place

Remember being in high school thinking: “If I could just get a job that made me $50,000/year I’ll be SET.  I’ll move out of my mom’s place and get my own apartment, have a car, go on trips,

Hi Everyone, I wanted to give you a brief introduction about myself so I can quickly start connecting with my fellow steemiters (is that even the right term?). So let's cut to the chase... Who Am